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This system is commonly implemented in Pakistan by a Service called "Easy Paisa" (translated: Easy Money). Where you can just deposit money at a certified corne
by xerophtye 13y ago
This system is commonly implemented in Pakistan by a Service called "Easy Paisa" (translated: Easy Money). Where you can just deposit money at a certified corner store with your National ID card and password. and then the recipient can get it from their own corner store. The strength here is the ubiquity of the service. it's everywhere! And when i say everywhere, i mean even in rural areas! There ads actually build on the ability of the breadwinner of the family, working in the city, to send money to his family back in the village.
Recently, another major use is small businesses which operate as FB pages, collect money from customers using this and then send the goods. Convenient for both sides, as you avoid the hassle of depositing money in banks, or the risk of a badly implemented Online Credit Card system.